vf_investment

GRMN - short at the resistance

Short
NYSE:GRMN   Garmin Ltd.
Hello traders

Let's have a look at GRMN 4h time frame.

The price keeps getting rejected at the horizontal resistance.

We expect 1 more push towards the resistance and next more downside in order to retest the support.

RSI has been in the downtrend which shows weakness of the trend.

Entry, stop loss and target are shown on the chart

Good luck
Trade closed: target reached:
target reached

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